2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Kuwait-Jamaica Trade: In 2022, Kuwait exported $422k to Jamaica. The main products that Kuwait exported to Jamaica were Hydrochloric Acid ($422k). Over the past 5 years the exports of Kuwait to Jamaica have increased at an annualized rate of 213%, from $1.41k in 2017 to $422k in 2022.

In 2022, Kuwait did not export any services to Jamaica.

Jamaica-Kuwait Trade: In 2022, Jamaica exported $297k to Kuwait. The main products that Jamaica exported to Kuwait were Non-Knit Men's Suits ($154k), House Linens ($43.1k), and Knit Men's Suits ($26.2k). Over the past 5 years the exports of Jamaica to Kuwait have increased at an annualized rate of 41.6%,  from $52k in 2017 to $297k in 2022.

In 2022, Jamaica did not export any services to Kuwait.

Comparison: In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $422k to Jamaica. The main products exported from Kuwait to Jamaica were Hydrochloric Acid ($422k). During the last 5 years the exports of Kuwait to Jamaica have increased at an annualized rate of 213%, from $1.41k in 2017 to $422k in 2022.

In 2017, Jamaica exported $297k to Kuwait. The main products exported from Jamaica to Kuwait were Non-Knit Men's Suits ($154k), House Linens ($43.1k), and Knit Men's Suits ($26.2k). During the last 5 years the exports of Jamaica to Kuwait have increased at an annualized rate of 41.6%, from $52k in 2022 to $297k in 2017.

Exports from Kuwait (Flag) to Jamaica (Flag) (2022)

Exports from Jamaica (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Jamaica (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Jamaica
Top Destination
United States$1.11B

This map shows whether countries import more from Kuwait or Jamaica. Each country is colored based on the difference in imports they receive from Kuwait and Jamaica or the difference in the growth in imports.

In 2022, countries that imported more from Kuwait than Jamaica included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Jamaica than Kuwait included Russia ($99.7M), Latvia ($33.3M), and Barbados ($32.2M).

Difference in imports from Jamaica (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Jamaica

Flow
Scale

This chart compares trade between Kuwait and Jamaica by product, considering products traded by both, Kuwait and Jamaica.

During 2022, Kuwait had a large net trade with Jamaica in the exports of Chemical Products ($422k).

During 2017, Jamaica had a large net trade with Kuwait in the exports of Textiles ($280k), Footwear and Headwear ($12.1k), and Miscellaneous ($1.91k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Jamaica+$4.99kCrude Petroleum
Top Product Potential Jamaica Kuwait+$21.7kKnit Men's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and Jamaica. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Jamaica (Flag) (2022)

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